Report Update Nov 1, 2024

Azerbaijan - Wood Pellets and Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Azerbaijan: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Azerbaijan

In 2022, the Azerbaijani market for wood pellets and other agglomerates decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a mild decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Wood Pellets And Other Agglomerates in Azerbaijan

In value terms, wood pellets and other agglomerates production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Wood pellets and other agglomerates production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports from Azerbaijan

After two years of decline, shipments abroad of wood pellets and other agglomerates decreased by X% to X tons in 2022. In general, exports showed a significant expansion. The smallest decline of X% was in 2020. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, wood pellets and other agglomerates exports amounted to $X in 2022. Overall, exports continue to indicate significant growth. The smallest decline of X% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Latvia (X tons) was the main destination for wood pellets and other agglomerates exports from Azerbaijan, with a approx. X% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of volume to Latvia was relatively modest.

From 2019 to 2022, the average annual growth rate of value to Latvia was relatively modest.

Export Prices by Country

In 2022, the average export price for wood pellets and other agglomerates amounted to $X per ton, approximately reflecting the previous year. Overall, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price decreased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2019 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Wood Pellets And Other Agglomerates

Imports into Azerbaijan

In 2022, supplies from abroad of wood pellets and other agglomerates increased by X% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wood pellets and other agglomerates imports skyrocketed to $X in 2022. Overall, imports recorded prominent growth. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of wood pellets and other agglomerates to Azerbaijan, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at X%.

In value terms, Russia ($X) constituted the largest supplier of wood pellets and other agglomerates to Azerbaijan.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to X%.

Import Prices by Country

The average import price for wood pellets and other agglomerates stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price showed a prominent increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets and other agglomerates in the world?

The country with the largest volume of wood pellets and other agglomerates consumption was the UK, accounting for 20% of total volume. Moreover, wood pellets and other agglomerates consumption in the UK exceeded the figures recorded by the second-largest consumer, Germany, threefold. Japan ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of wood pellets and other agglomerates in the world?

The United States remains the largest wood pellets and other agglomerates producing country worldwide, accounting for 17% of total volume. Moreover, wood pellets and other agglomerates production in the United States exceeded the figures recorded by the second-largest producer, Germany, twofold. The third position in this ranking was occupied by Canada, with a 7.1% share.

What are the leading suppliers of wood pellets and other agglomerates to Azerbaijan?

In value terms, Ukraine constituted the largest supplier of wood pellets and other agglomerates to Azerbaijan, comprising 73% of total imports. The second position in the ranking was occupied by Russia, with a 35% share of total imports. It was followed by Turkey, with a 19% share.

What is the average export price for wood pellets and other agglomerates in Azerbaijan?

In 2019, the average export price for wood pellets and other agglomerates amounted to $180 per ton, remaining relatively unchanged against the previous year.

What is the average import price for wood pellets and other agglomerates in Azerbaijan?

In 2021, the average import price for wood pellets and other agglomerates amounted to $306 per ton, dropping by -11.6% against the previous year.

This report provides an in-depth analysis of the market for wood pellets and other agglomerates in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1693 - Wood pellets
FCL 1694 - Other agglomerates

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023